LCP Group aquires 2 Retail Park projects in Wieliczka and Łódź

by   CIJ News iDesk III
2021-09-21   08:13
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In the second half of September, LCP purchased 2 Retail Parks with a total space available to tenants of 6.626 sq m. The project in Wieliczka is a local retail park intended for quick and convenient everyday shopping. It is located between Reformacka and Łąkowa Streets, near road 94, in the immediate vicinity of the McDonald's restaurant. Its strategic location with a large parking lot and the offer of Rossmann, TEDi, Pepco, KiK, Media Expert and Biedronka as a grocery operator is an important point on the map for the city's residents.

The second project in Łódź is a retail park located at 111 Maratońska Street, which is part of a shopping complex together with a Netto supermarket. It is an excellent proposition for residents of nearby estates who want to do their everyday shopping in a convenient and quick way. The availability of a large car park is not without significance.

“We bought both Retail Parks in just a few weeks and they fit perfectly into LCP's development strategy. We are still looking for new commercial projects, as well as plots for retail and city logistics, paying attention, however, to the potential of the location. We have ambitious purchasing plans by the end of 2021 and for 2022, in which we would like to spend EUR 250 million on investments," says Katarzyna Szeleźnik, Acquisitions Director at LCP Properites.